Volatility in Focus For Lannett Company, Inc. (NYSE:LCI):: as Beta Hits 2.02

Examining shares of Lannett Company, Inc. (NYSE:LCI), we can see that the stock has a current beta of 2.02. Checking in on current price action, company shares had recently touched 5.27. From the session open, shares have moved -10.68%. Investors will be watching to see how the stock reacts to market influences over the next few weeks. As we near the halfway point of the calendar year, investors may be trying to figure out if now is the time to get in on the name, or whether to wait for a better opportunity.

On a typical market day there is no shortage of stock news. Investors are often tasked with trying to decipher which news is worth paying attention to and which isn’t. Not only is there plenty of swirling news, there are usually plenty of opinions that follow. Closely following market sentiment can be useful for some, but it may impede others when decisions need to be made. When it comes to dedicated stock research, taking shortcuts may result in disappointing portfolio performance. Investors have to be careful not to be tempted by the hot stocks of the day. Of course, maybe some of those stocks would fit well in the portfolio, but doing individual stock study can help confirm the addition.

Let’s take a look at some of the numbers for Lannett Company, Inc. (NYSE:LCI). Stock price performance for the past week is currently noted at -8.35%. If we look back to the beginning of the calendar year, shares have performed -77.28%. Looking back over the past full-year, shares have performed -81.41%. Over the past month, the stock has performed -9.76%. Over the last quarter, the stock has performed -4.18%. Briefly looking at some recent volatility numbers, we can see that shares have been noted at 9.34% for the week, and 8.74% for the past month.

We are also noting that Lannett Company, Inc. (NYSE:LCI) was recently seen trading -18.67% away from the 50-day high and 58.26% separated from the 50-day low. Taking a broader view, the current separation from the 52-week high is -82.64%, and the distance from the 52-week low is currently 58.26%. Let’s also look quickly at some analyst views on company shares. At the time of writing, the consensus target price for the company is $6.50. The consensus recommendation provided by covering sell-side analysts is currently 3.00. This number lands on a scale from 1 to 5. Following this scale, a rating of a 1 or a 2 would indicate a consensus Buy recommendation. A rating of 4 or 5 would represent a consensus Sell recommendation. A rating of 3 would indicate a Hold recommendation.

Top notch investors are usually adept at filtering through the constant financial headlines. Now more than ever, there is an unprecedented amount of news and data regarding publically traded companies. Most of the focus is typically on the short-term and it tends to focus around near-term forecasts. Although more information is probably a good thing when looking at the bigger picture, being able to zoom in on the proper information can be quite a challenge. Tuning out all the unnecessary noise isn’t easy, but it may help the investor make better decisions. Constantly switching investments based on the headlines of the day may end up leaving the investor wondering what went wrong. Analyzing the right information can be an essential part of any solid stock investing plan.

After a recent check, Lannett Company, Inc. (NYSE:LCI) shares have been seen trading -6.59% away from the 20-day moving average. Zooming out to the 50-day, we can see that shares are currently trading 11.35% off of that mark. Looking at the 200-day moving average, shares have been trading -52.69% away from that value. The moving average uses the sum of all of the previous closing prices over a certain time period and divides the result by the number of prices used in the calculation. Many investors will opt to use multiple time periods when examining moving averages. Moving averages are considered to be lagging indicators, and they may prove to be very useful for spotting peaks and troughs. They may also be used to help the trader calculate sturdy support and resistance levels for the stock.

Serious investors are often looking for that next batch of quality stocks to add to the portfolio. Finding quality stocks at a discount can be a tough task, especially with the market trading at such high levels. Many investors will be patiently waiting for a dip to get in on some researched names. Being prepared for any situation may help the investor make those tricky decisions when opportunities present themselves. Nobody can say for sure which way momentum is likely to swing heading into the New Year. Staying on top of the key economic data can help provide a good baseline for stock investing decisions in the near future.

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